Latin American corporate credit indicators point to an improving economic and operating environment for most countries across the region in 2021, according to a series of new reports from Fitch Ratings.Add your comment!
Brazil’s economy probably rebounded at a record quarterly pace in July-September and was on track for a better start to 2021 than previously thought, as businesses and households recovered from the first surge in COVID-19 cases.Add your comment!
Colombia entered in recession for the first time since 1999 due to the paralysis caused by the Covid-19 pandemic, after registering for the second consecutive quarter a contraction in Gross Domestic Product (GDP).
Brazil is emerging from a recession caused by the coronavirus, Economy Minister Paulo Guedes said hours after the publication of a closely-watched indicator showing activity surged in the third quarter.
The U.S. economy grew at a historic pace in the third quarter as the government injected more than US$ 3 trillion worth of pandemic relief which fueled consumer spending, but the deep scars from the COVID-19 recession could take a year or more to heal.
By Patricia Justino and Bruno Martorano (*) – While the rise of populist politicians in Europe and the US gets a lot of attention from the media and researchers alike, the drivers of the populism taking hold in emerging and developing economies still receives relatively little scrutiny.
Ratings agency Moody’s cut the United Kingdom’s debt rating on Friday over the huge economic hit from the coronavirus crisis, Brexit and the lack of clear budget plans from Prime Minister Boris Johnson’s government.
Countries of Latin America and the Caribbean must continue to ratchet up stimulus to beat back the devastating economic impacts of the coronavirus pandemic, the UN agency ECLAC said in a report issued this week.
An International Monetary Fund mission concluded a visit to Argentina on Sunday, after several days of preliminary talks aimed at repaying about US$ 44 billion owed by the cash-strapped government to the fund.
Brazil's economy is set to shrink by 5.8% in 2020, the International Monetary Fund said on Monday, revising up an earlier forecast but warning the country faced “exceptionally high” risks.